Majid Al Futtaim Launches Ultra-exclusive Alaya Beach Residential Project in Dubai
Dubai is well know for it’s unique property development that are affordable yet giving Investors and End-users that rest of mind in buying real estate properties with guaranty of constant occupancy rate as Dubai. Check out our previous post on Why You Should Invest in Dubai Real Estate.
Majid Al Futtaim Communities, a part of Majid Al Futtaim Properties, has launched Alaya Beach, an ultra-exclusive residential project at Tilal Al Ghaf in Dubai.
Situated on the 110,000 sq m Lagoon Al Ghaf waterfront, Alaya Beach has 14 mansions and 30 reserve grand villas, each with direct access to the lagoon, and its private neighbourhood beach.
The bespoke homes offer advanced customisation options including an additional basement area, a choice of modernist or mediterranean façades and interior finishes, flexible layouts, and fully landscaped mediterranean or tropical style gardens.
The reserve grand villas feature the Zen Suite, a self-contained garden room that can be fitted out in line with one of four themes: Heal, Entertain, Exercise or Work. For the mansions, which are located on the water’s edge, a unique penthouse suite also includes a large basement area.
The design of Alaya Beach takes inspiration from nature. The design includes open layouts, double-height spaces and floor-to-ceiling windows for ample natural light. Its expansive balconies and shaded patio allow residents to dine and lounge al fresco.
Tilal Al Ghaf is a walkable neighbourhoods connected by a network of pathways, cycling tracks and jogging trail,. Spanning over three million square meters, the community also features Majid Al Futtaim retail experiences and an international school too.
In terms of property sales in Dubai, last year, the emirate recorded the highest value of real estate sales transactions in 12 years, with Dhs151.07bn worth of properties sold. The total number of real estate sales transactions that took place last year – equalling 61,241 – were also the highest since 2013. In 2021, 59.6 per cent of all transactions were for secondary/ready properties and 40.4 per cent were for off-plan properties. Last year, when compared to 2020 also showed an increase of 74.77 per cent in sales transaction volume and an increase of 110.19 per cent in value.
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